💰 Introducing Shakepay savings
Set aside cash or bitcoin anytime, right in the app.
Meet Shakepay savings, a dedicated account to save in both cash and bitcoin!
Keep cash for your emergency fund and bitcoin for the long term, stored separately from your everyday balance.
With the Shakepay savings account, you can:
- Continue earning interest on cash in savings, paid weekly in bitcoin, based on your Shakepay status
- Keep cash savings CDIC-covered up to $100,000
- Accumulate bitcoin rewards in your bitcoin savings
- Move funds back to your everyday accounts anytime
Earn 5% as a Blue customer
For a limited time, eligible Shakepay Blue customers can earn 5%* interest on their first $100,000 cash held in savings.
Any eligible cash savings balance above $100,000 continues earning the regular 3% rate. Interest is paid weekly in bitcoin.
Your rewards have a new home
When savings is active, eligible Shakepay rewards can be sent to your savings account.
That means the bitcoin you earn from Shakepay has a dedicated place to stack, away from the balance you use every day.
Ready to start saving?
Savings is live in the app now.
Open Shakepay, tap Open savings, transfer cash and bitcoin, and start saving toward your goals.
For full details, check out our FAQ.
* As a Blue customer, you’ll earn 5% APY on the first $100,000 of cash in savings for a limited time. Any cash above $100,000 earns the standard 3% APY.
Shakepay savings includes cash savings offered by Shakepay Financial Inc. and bitcoin savings offered by Shakepay Inc. Eligible CAD deposits may be CDIC-protected up to $100,000, subject to CDIC rules and limits. Bitcoin savings are not CDIC- or CIPF-protected.